No deal is imminent, but the Lakers view Sessions as a candidate who could help their depleted backcourt.

The Lakers are without injured guard Steve Blake, and have relied heavily on rookies Andrew Goudelock and Darius Morris to play behind 37-year-old Derek Fisher.

The Lakers have an $8.9 million trade exception, acquired from the Dallas Mavericks for Lamar Odom, to absorb salary. Sessions makes $4.3 million this season, and has a player option for $4.6 million for the 2012-13 season.

Cleveland is interested in stockpiling draft picks in potential deals, sources said. Several teams have inquired about Sessions lately, front-office sources said. The Lakers have a handful of players on short-term deals who can’t be traded until March 1.

Sessions has been a career 45 percent shooter, but has struggled this season in limited minutes behind No. 1 overall pick Kyrie Irving. He’s shooting 34 percent and averaging 9.1 points.

After two seasons with the Milwaukee Bucks, Sessions signed a four year, $16 million contract with the Minnesota Timberwolves prior to the 2009-10 season. A year later, he was traded to the Cavaliers. He had his best season with Cleveland in 2010-11, averaging 13.3 points, 5.2 assists and 3.2 rebounds a game.

The Lakers also worked out veteran NBA guard Morris Peterson several days ago, sources said. As first reported by Hoopsworld.com, the Lakers have discussed the possibility of signing veteran guard Gilbert Arenas, sources said. He’s been working out in Florida, but no one in the Lakers organization has seen him lately to gauge the kind of shape he’s in. There’s significant resistance in some parts of the Lakers’ front office and locker room on signing Arenas, but there’s also a sense it won’t hurt to at least evaluate him.